OFF MARKET

2/172 Spence Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 118m2
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Last updated 11 Nov 2024
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Property Details for 2/172 Spence St, Bungalow

2/172 Spence St, Bungalow is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 118m2 and floor size of 94m2.

Building Type
Unit
Floor Size
94m2
Land Size
118m2
Local Government
Cairns Regional

Last Listing description (December 2018)

Ideally located within walking distance to the CBD is this well presented fully air-conditioned 3 bed, 2 bath, 1 car ground floor apartment with brand new carpets located in popular Focus On Spence complex.
Functional and stylish Tassie Oak timber kitchen comes complete with dishwasher, stone benchtops, electric cooktop and oven, rangehood, large fridge space and overhead cupboards. The spacious porcelain tiled open plan living flows through to the generous sized private front outdoor tiled enclosed Lanai with plantation shutters. All bedrooms have mirrored door built-in robes with the large main bedroom having an ensuite with marble tiled shower recess and the other 2 bedrooms open onto their own private tiled courtyard area.
Other features include huge resort style saltwater in-ground pool and BBQ area for easy entertaining, main bathroom with marble tiled shower recess, security gated front pedestrian entrance, Crimsafe security screens, blinds throughout, internal laundry with clothes dryer, electric hot water, and undercover single carport with remote security gated entrance.

Body corporate fees are approx. $4,420 per year and council rates approx. $2,400 per year.
Healthy financial sinking fund of over $87,000 as at 9/10/18.

Property History for 2/172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
  • 19 Oct 2018
    Listed for Sale Low $300,000's

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About Bungalow 4870

The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2011 was 2,164 people. By 2016 the population was 2,159 showing a population decline of 0.2% in the area during that time. The predominant age group in Bungalow is 20-29 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation. In 2011, 35.1% of the homes in Bungalow were owner-occupied compared with 34.7% in 2016.

Bungalow has 1,949 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Bungalow is $517,489 while the median value for Units is $307,199.
  • Houses have a median rent of $463 while Units have a median rent of $390.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Bungalow.

Suburb Insights for Bungalow 4870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.